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democratic strategist steve el mendorf, kerry's deputy campaign manager in '04. how are you? >> good, how are you. >> tell me about why your guy won the debates and lost the election and what that says potentially about this dynamic and this race right now is this. >> i think any challenger has a benefit when they get up on the stage against the president of the united states. the debates level the playing field. they put you on the stage in an equal footing. i think mitt romney comes into the debate with an advantage because of that. i think the question in this race, all campaigns are different and i think in this race, this is very much of a choice election. i think people see very different visions for the future between these two candidates and my guess is, when we get out of the debates they are going to continue to see the two visions and right now they're picking barack obama's vision. i think in 2004, it was more of a referendum on bush and i think ultimately people decided that the referendum they wanteded to stay with the incumbent. i think this election is a littl
democratic strategist steve el mendorf, kerry's deputy campaign manager in '04. how are you? >> good, how are you. >> tell me about why your guy won the debates and lost the election and what that says potentially about this dynamic and this race right now is this. >> i think any challenger has a benefit when they get up on the stage against the president of the united states. the debates level the playing field. they put you on the stage in an equal footing. i think mitt...
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Oct 7, 2012
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he said, steve, it didn't happen. wouldn't y wouldn't you believe so emphatically? >> you absolutely must keep all of this conversation going on with the nominee. >> john: so lying is okay in politics? >> running for office, lying is not okay unless you ask an inappropriate question. >> john: politicians have always lied. >> i am not a crook. i did not have sexual relations with that woman. >> the media used to give candidates privacy, even keep their secret. they rarely pictured fdr in a wheelchair. but now everything is game but that is a good thing even though reporters are obnoxious. >> i would let you prefer you let me finish my statements. >> john: next, we'll show you the secret behind the debates. >> here you go again. i brought your stuff. you don't have to do this. yes i do. i want you to keep this. it'd be weird. take care. you too. [ sighs ] so how did it go? he's upset. [ male announcer ] spend less time at gas stations with best in class fuel economy. it's our most innovative altima ever. ♪ [ male announcer ] how do you make 70,000 trades a second...
he said, steve, it didn't happen. wouldn't y wouldn't you believe so emphatically? >> you absolutely must keep all of this conversation going on with the nominee. >> john: so lying is okay in politics? >> running for office, lying is not okay unless you ask an inappropriate question. >> john: politicians have always lied. >> i am not a crook. i did not have sexual relations with that woman. >> the media used to give candidates privacy, even keep their secret....
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steve, thanks for taking all the stickers. >> we're a team here. >> be sure to watch steve every weekday on the cycle at 3:00 p.m. eastern. the rest will be back. we'll be talking about immigrant communities that you never hear about. and spirit of malibu is an awesome place to be. introducing the all-new 2013 chevrolet malibu eco. ♪ sophisticated new styling, the fuel-saving intelligence of eassist, 37 mpg highway, and up to 580 highway miles on a single tank of gas. ♪ the all-new 2013 chevrolet malibu eco. ♪ it has everything to put you in the malibu state of mind no matter what state you live in. ♪ if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. >>> 5% of those currently serving in the u.s. congress are latino. despite the u.s. population. 2.5% in congress are asian or pacific is
steve, thanks for taking all the stickers. >> we're a team here. >> be sure to watch steve every weekday on the cycle at 3:00 p.m. eastern. the rest will be back. we'll be talking about immigrant communities that you never hear about. and spirit of malibu is an awesome place to be. introducing the all-new 2013 chevrolet malibu eco. ♪ sophisticated new styling, the fuel-saving intelligence of eassist, 37 mpg highway, and up to 580 highway miles on a single tank of gas. ♪ the...
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Oct 6, 2012
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so bob kerrey is turning to his own endorsement, steve martin. >> hi, i'm steve martin. you probably know me as the actor and comedian. but did you know i'm also a home crafts expert? today i'm going to show you how to make a wad of paper. a wad of paper can be a lot of fun just to play with around the house or maybe toss expertly into a trash can. but who wants to go down to a fancy office building and root around in their dumpster to find a good one. so i'm going to show you how to make one at home with things you have lying around the house. you're going to need a blank piece of paper, some paper clips, a few grabs, a stapler, a stick of gum, some scissors, and a hammer. so let's get started. take your blank piece of paper and make a fold. take one of your paper clips and just clip it like so. like this. make another fold and take a grab, make a puncture, bend the brads back like this. take another fold, take your stapler, give it a punch or two like this, maybe one more fold, use your stapler. a good stapler is always handy. then you're going to take your stick of gu
so bob kerrey is turning to his own endorsement, steve martin. >> hi, i'm steve martin. you probably know me as the actor and comedian. but did you know i'm also a home crafts expert? today i'm going to show you how to make a wad of paper. a wad of paper can be a lot of fun just to play with around the house or maybe toss expertly into a trash can. but who wants to go down to a fancy office building and root around in their dumpster to find a good one. so i'm going to show you how to make...
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steve, you were there in denver. what's your take? >> looking at that obama response, i think everybody says why didn't you say it to his face? why didn't you say that last night? i think, look, it's pretty well established by this point why this was such a disastrous debate for obama. i'll play a quick clip here, and this is a jumping-off point to talk about what he needs to do in the next debates to avoid a repeat of this. let's play a clip of an opening romney gave him that he completely missed. >> i'm not looking to cut massive taxes and reduce the revenues going to the government. my number one principle is there's no tax cut that adds to the deficit. i want to underline that. virtually everything you said about my tax plan is inaccurate. so if the tax plan he described were a tax plan i was asked to support, i'd say absolutely not. i'm not looking for 5i trillion tax cut. i won't put in a place a tax cut that adds to the deficit. i'm not in favor of a $5 trillion tax cut. that's not my plan. >> that's three different moments dur
steve, you were there in denver. what's your take? >> looking at that obama response, i think everybody says why didn't you say it to his face? why didn't you say that last night? i think, look, it's pretty well established by this point why this was such a disastrous debate for obama. i'll play a quick clip here, and this is a jumping-off point to talk about what he needs to do in the next debates to avoid a repeat of this. let's play a clip of an opening romney gave him that he...
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the late crocodile hunter, steve irwin clutching his baby boy as he went face-to-face with predators? that baby is 8 years old. he fed a crock hymn for the first time at the family zoo in australia. >>> this mornings dish of scrambled politics. the debate is the most tweeted event in police cal history. it sparked more than 2 million tweets. big bird from "sesame street" caused the peak of the tweets at 17,000 per minute. when romney said he loved the character but wanted to eliminate funding for the show and all public broadcasting. celebs were lighting up the stooer. bill maher said, i can't believe i'm saying this, but obama looks like he needs a teleprompter. eva longoria said i'm in new zealand watching the debate. obama is killing it on health care. both need to speak slower. a nonpolitical bush weighed in. nfl running back reggie bush said romney was aggressive at times and won the debate but i think obama will be reelected as president. >>> jetblue is offering american who is might be upset about their candidates defeat a chance to follow through on threats to leave the countr
the late crocodile hunter, steve irwin clutching his baby boy as he went face-to-face with predators? that baby is 8 years old. he fed a crock hymn for the first time at the family zoo in australia. >>> this mornings dish of scrambled politics. the debate is the most tweeted event in police cal history. it sparked more than 2 million tweets. big bird from "sesame street" caused the peak of the tweets at 17,000 per minute. when romney said he loved the character but wanted to...
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Oct 5, 2012
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. >> steve, we've got time. >> you know, yeah, joe biden is going to step back and go take your time. go ahead, you know, we can listen. >> yeah, there is this famous s and l sketch from the 1988 election. and he said you got 1:30 and talk about what you do for the homeless problem. he says i don't have enough time there is so much to get to. you know what, we have stopped the clock for you. and he stairs. you wonder, the thing was, in the debate last night. obama had multiple opportunities to press romney and be specific on the math and present the math to people to make them understand. he missed the opening and i think crystal is right. when you look at how joe biden has conducted himself in the past. one of the big reasons he is on the ticket in the first place is how well he performed in the last debates. he made a strong impress on democrats and the obama campaign. if you go way back in history for joe biden that campaign ended. but in the early going in the spring and summer that year, he had a reputation for being a powerful performer for performing well that summer. but you k
. >> steve, we've got time. >> you know, yeah, joe biden is going to step back and go take your time. go ahead, you know, we can listen. >> yeah, there is this famous s and l sketch from the 1988 election. and he said you got 1:30 and talk about what you do for the homeless problem. he says i don't have enough time there is so much to get to. you know what, we have stopped the clock for you. and he stairs. you wonder, the thing was, in the debate last night. obama had multiple...
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joining us now, steve carknacky, the co-host of msnbc's the cycle and a senior writer at salon.com. thanks for being here. >> happy to be here. >> there were a ton of these gay marriage bans on the ballot in 2004 and the common wisdom was republicans thought it would drive up turnout and help george w. bush get elected by bringing out conservatives who might not like him but who really hated gay people. did that turn out to be the case in '04? >> there is all sorts of speculation about that. you can certainly match up. it was a year in which turnout went up surprisingly overall and it was sort of a base election where the base of each party was activated. i've never seen a definitive study that said yes we can clearly link the x number of voters in ohio or whatever would have stayed home if not for this being on the ballot. you can find a correlation between people who voted against it in a place like ohio and who voted for george w. bush but on a lot of other issues, too. >> sort of a mixed bag. the common wisdom doesn't match how fuzzy the data is on that so this year we have same
joining us now, steve carknacky, the co-host of msnbc's the cycle and a senior writer at salon.com. thanks for being here. >> happy to be here. >> there were a ton of these gay marriage bans on the ballot in 2004 and the common wisdom was republicans thought it would drive up turnout and help george w. bush get elected by bringing out conservatives who might not like him but who really hated gay people. did that turn out to be the case in '04? >> there is all sorts of...
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and former strategist for the mccain campaign, steve schmidt joins us. first bill karins with a check on the forecast. >> good morning to you, mika. it's a long winter in fargo and north dakota. but a snowstorm on october 4th is bad by their standards. this is a picture from the webcam. that snow accumulating on the ground. the sun is trying to come up. at least getting brighter. the heavy band of snow is going to push through northern minnesota. right over fargo, too. temperatures are borderline there. hopefully the interstate isn't too bad for the morning trip. we have rain through new england. the least thing we're thinking about is cold air and snow. it's warm and humid. temperatures in the 70s and 80s today. but we will be ducking in and out of the showers. minor airport delays are possible. look at the htemperatures. 84 with mostly cloudy skies. we have two more warm days and this weekend things will significantly cool off on the east coast. on sunday highs in the 50s and 60s. beautiful weather for your thursday in the deep south. chicago, 75 today
and former strategist for the mccain campaign, steve schmidt joins us. first bill karins with a check on the forecast. >> good morning to you, mika. it's a long winter in fargo and north dakota. but a snowstorm on october 4th is bad by their standards. this is a picture from the webcam. that snow accumulating on the ground. the sun is trying to come up. at least getting brighter. the heavy band of snow is going to push through northern minnesota. right over fargo, too. temperatures are...
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i want to bring in ed and al and steve and chris back into this discussion. i want to bring back chris matthews in denver in terms of hearing the republican spin on this. seeing what seems to be real democratic frustration on this. we're hearing already in terms of the different responses. the romney side is proclaiming victory. the obama campaign does not seem to be doing that. chris? >> when you read "the new york times" tomorrow, you'll see a side bar, strong night for romney. i think it's an objective -- it may be theater, but this is a major campaign event of the entire cycle. maybe the major campaign event treated as a lesson in information or education. it was a campaign event and both sides went at it to win and one side won. i go back to a couple of points. romney was able to get away with something things tonight that he's not been consistent on. he said if you have a preexisting condition and continuous health care coverage, you would be covered. tonight he said anybody with a preexisting condition, you would get coverage. he's also said that if yo
i want to bring in ed and al and steve and chris back into this discussion. i want to bring back chris matthews in denver in terms of hearing the republican spin on this. seeing what seems to be real democratic frustration on this. we're hearing already in terms of the different responses. the romney side is proclaiming victory. the obama campaign does not seem to be doing that. chris? >> when you read "the new york times" tomorrow, you'll see a side bar, strong night for...
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steve, does he have a point? >> no. what's the old saying? that dog won't hunt. i don't think you can criticize barack obama on his foreign policy achievements. it's a tough world out there. it's complicated. things don't always happen the way we want them to, but they have done a terrific job of handling very difficult situations. they killed osama bin laden. i think they have a record to stand on that the president can proudly go to the debates and argue with mitt romney about what he's going to do about some very difficult situations overseas. >> gentlemen, good to see you. thank you. >>> there is new violence that we told you about in afghanistan. a suicide bomber killed 14 people including three american soldiers in the volatile eastern khost province. nbc's richard engel joins me from kabul with the latest. i understand the taliban is claiming responsibility for the attack? >> the taliban says it was responsible for this. a suicide bomber walked up to an american patrol. it was americans who were walking joint patrol with afghan police as actually this amer
steve, does he have a point? >> no. what's the old saying? that dog won't hunt. i don't think you can criticize barack obama on his foreign policy achievements. it's a tough world out there. it's complicated. things don't always happen the way we want them to, but they have done a terrific job of handling very difficult situations. they killed osama bin laden. i think they have a record to stand on that the president can proudly go to the debates and argue with mitt romney about what he's...
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let me bring in steve schmidt who is a senior strategist. what's your overall assessment? >> i think it was a great night for mitt romney. i think the doom and gloom that's been hanging over the romney campaign, republicans in general has lifted tonight. i think that the democratic advance which began literally a month ago when clint eastwood walked out on stage ended tonight. i think the race is going to tighten. i think mitt romney was in command of this from the beginning. i'm not sure that he lost an exchange during the entire debate. a startling performance in my view and just the context of how good mitt romney was tonight. >> i thought that in terms of individual exchanges i think what may have been most notable, there wasn't i think a single direct attack against mitt romney from president obama. however, they substantively dealt with policy matters. >> he was looking down tonight. he was passive. he was abstract in his answers. mitt romney was talking about real people, giving real examples. i thought he was clear. he was concise. i think the president was muddled
let me bring in steve schmidt who is a senior strategist. what's your overall assessment? >> i think it was a great night for mitt romney. i think the doom and gloom that's been hanging over the romney campaign, republicans in general has lifted tonight. i think that the democratic advance which began literally a month ago when clint eastwood walked out on stage ended tonight. i think the race is going to tighten. i think mitt romney was in command of this from the beginning. i'm not sure...
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steve schmidt? >> i think it's fast naying that john heilemann owes five emmys to steve's very existence. >> thank you, thank you steve, thank you very much. it's a great column. >> some man love going on. frank, that's great. thank you so much. >>> up next. they just received their star on hollywood walk of fame. we'll talk to two members of the legendary band heart next on "morning joe." if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. fire bad! just have to fire roast these tomatoes. do you churn your own butter too? what? this is going to give you a head start on your dinner. that seems easier sure does who are you? [ female announcer ] new progresso recipe starters. five delicious cooking sauces yo
steve schmidt? >> i think it's fast naying that john heilemann owes five emmys to steve's very existence. >> thank you, thank you steve, thank you very much. it's a great column. >> some man love going on. frank, that's great. thank you so much. >>> up next. they just received their star on hollywood walk of fame. we'll talk to two members of the legendary band heart next on "morning joe." if we want to improve our schools... ...what should we invest in?...
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>> steve: probably not. meanwhile, have you ever wondered why songs get stuck in your head, like this one. ♪ going to give you up ♪ never gonna let you down ♪ never gonna run around ♪ . >> steve: can you hear what's in my head now? >> brian: no, just you. >> steve: the song stuck in your head means you're a little nutty? we're calling in a doctor to find out. >> martha: we're all nuts if it does. >> steve: "fox & friends" hour two for wednesday starts now. >> steve: yeah, that was not probably the song that would stick in my head. >> brian: you played along well. we don't know what's stick as soon as there. >> steve: with martha it's probably by one of the carpenters. >> martha: the one where we're never going to ever, ever get back together. >> brian: i hope this is a breakout hit because she's been struggling, taylor swift. can she -- everything she does becomes number one. america is drunk with taylor swift. >> steve: isn't she dating that 18-year-old kennedy kid now? >> brian: right. >> martha: s
>> steve: probably not. meanwhile, have you ever wondered why songs get stuck in your head, like this one. ♪ going to give you up ♪ never gonna let you down ♪ never gonna run around ♪ . >> steve: can you hear what's in my head now? >> brian: no, just you. >> steve: the song stuck in your head means you're a little nutty? we're calling in a doctor to find out. >> martha: we're all nuts if it does. >> steve: "fox & friends" hour two for...
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. >> steve murphy worked with dukasis. >> they will not let you ride in the tank without wearing a helmet. >> john: it turned into this commercial. >> do ads like that really work. consultants think they do. they still rave about this ad. it ran only once, they say it changed all campaigns. it was the first negative ad to use fear and raw emotion. >> ten, nine, eight, seven, six, five, four, three, two, one --. >> these are the stakes we must either love each other or we must die. >> vote or die, pretty relevant. >> john: but pretty unfair. >> he worked on the bush campaign that ran this ad consoling 9/11 victims. >> i took ashley in my arms and embraced her. it was that moment we saw her eyes fill up with tears. >> you are playing this music and we are supposed to vote for this guy because she tears up. >> that is exactly what they did. the ad aired in ohio and it was pivotal. >> john: this ad also was aired. >> more men and women will go to work than ever before in our history. >> i see this ad coming on television. it's this farmer and beautiful pasture. they put their hands over the h
. >> steve murphy worked with dukasis. >> they will not let you ride in the tank without wearing a helmet. >> john: it turned into this commercial. >> do ads like that really work. consultants think they do. they still rave about this ad. it ran only once, they say it changed all campaigns. it was the first negative ad to use fear and raw emotion. >> ten, nine, eight, seven, six, five, four, three, two, one --. >> these are the stakes we must either love each...
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. >> we have steve schmidt on yesterday. steve schmidt would call me during the 2008 campaign. and it used to drive him crazy, and the mccain campaign crazy, about how arrogant the obama team was. he was, like, they don't respect us at all. he'd go, why -- you know, they don't think we have anything. and that was the attitude that they set forth. and i've just got to believe also there was a huge level of overconfidence going into that romney debate. kind of like the dukakis team had in 1988, that they were the smartest people on the planet, and they looked down on the waters and the great unwashed, and i think maybe he was in shock that mitt romney came out and was effective as he was. >> or maybe they felt and maybe rightfully so, they didn't really need the debate as much as they thought they did. >> maybe they listened to donny. >> but i want to know, mark halperin, what you meant by mitt romney, who he was during the debate versus the mitt romney that the president might have been practicing against of the past few months or past few years. what are the differences? >> he
. >> we have steve schmidt on yesterday. steve schmidt would call me during the 2008 campaign. and it used to drive him crazy, and the mccain campaign crazy, about how arrogant the obama team was. he was, like, they don't respect us at all. he'd go, why -- you know, they don't think we have anything. and that was the attitude that they set forth. and i've just got to believe also there was a huge level of overconfidence going into that romney debate. kind of like the dukakis team had in...
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steve, where do you come out in this? he said what congressman said that the evidence of fraud is very, very small. yet, almost everything else we do in society today requires an id. one of the things i don't understand, you find accusation of voter fraud in democratic primaries in newark, new jersey corey booker's people accused frazier's people of fraud. >> did anyone go to court on th this. >> i know we are talking about new jersey, but please. >> the entire political machine in essex county supported james. who was re-elected in. >> i admire bill, but there is nothing in the constitution that says we have a right to have illegal elections. >> i'm not advocating in any way someone who has the right to vote voting one, two, three times. >> in mississippi, come on it is wrong. >> and this is the effort that. >> if you had a voter id requirement it would be hard to keep voting the dead multiple times. >> come on larry, nobody is advocating that. >> i think the elect tore is hop e honest. i went through a situation where m
steve, where do you come out in this? he said what congressman said that the evidence of fraud is very, very small. yet, almost everything else we do in society today requires an id. one of the things i don't understand, you find accusation of voter fraud in democratic primaries in newark, new jersey corey booker's people accused frazier's people of fraud. >> did anyone go to court on th this. >> i know we are talking about new jersey, but please. >> the entire political...
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steve, gretchen? >> steve: thanks. radical muslim jihaddists training right under our noses on american soil? according to a new book, dozens of terrorist training compounds have been scattered across the united states for more than three decades. >> gretchen: joining us now is the author of "twilight in america" and founder of president of the christian action network. how did you become interested in trying to see how many of these camps exist under our noses? >> we had been riding -- writing issues with radical islam and a f.b.i. act said do you understand you have a terrorist compound of islamic muslim training about 30 miles from your office, so you better be careful with what you're doing. that's how we became interested. >> steve: i understand a guy who was recruited out of prison to -- and wound up living with the people at the terror training camps who was working with the nypd, came up to you and he goes, look, i got to tell you the story because if people knew what was going on here, they'd be horrified. >>
steve, gretchen? >> steve: thanks. radical muslim jihaddists training right under our noses on american soil? according to a new book, dozens of terrorist training compounds have been scattered across the united states for more than three decades. >> gretchen: joining us now is the author of "twilight in america" and founder of president of the christian action network. how did you become interested in trying to see how many of these camps exist under our noses? >>...
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one is the jack welch side, the steve forbes, the people who are promulgating this conspiracy. the others are the folks who are serious economists. you talk to jared bernstein on the left. but douglashall john mccain's former policy adviser says the same thing in a story this morning. elaine child the former george w. bush's labor secretary said the same thing. so serious republicans who understand that these are two totally different surveys, they sort of understand the process and the way bls works there's not really a conspiracy here. >> can i ask you? you've been around d.c. for a long time. has anyone ever questioned this number, any reason to be suspicious of the integrity of it? >> i don't think so. you heard what jared said earlier. you heard what all the other folks say. i love that little line that jared had that they don't let the jan tors take out the garbage until after the numbers are released. it's funny. remember last month when the rather weak unemployment numbers came out, president obama knew them, knew what the numbers would be when he was giving a speech at
one is the jack welch side, the steve forbes, the people who are promulgating this conspiracy. the others are the folks who are serious economists. you talk to jared bernstein on the left. but douglashall john mccain's former policy adviser says the same thing in a story this morning. elaine child the former george w. bush's labor secretary said the same thing. so serious republicans who understand that these are two totally different surveys, they sort of understand the process and the way bls...
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the fundamental flaw as crypted by steve croft. they say it's not just islam it's the extremist wing of islam and name me another country other than indonesia and turkey where the fundamentalist islam has then nonviolent or promoted women or any other things. the newspapers all missed this because they don't have a religious perspective. >> rick: the assassination of our ambassador and two former seals. where was cri, bumps in the road, where was the criticism in that comment? >> i think the wave in change and in the wave the change there is going to be bumps in in the road. i don't think he meant to suggest and most people did not interpret that the death of four american officials is a bump in the road. but there was so much in that 60 minutes interview, his calling netanyahu insistence on red line noise, there could have been so much followed up and wasn't. i'm really surprised. >> rick: when governor romney delivered his initial response after the attack on consulate in benghazi he was ganged up by the media. they coordinated h
the fundamental flaw as crypted by steve croft. they say it's not just islam it's the extremist wing of islam and name me another country other than indonesia and turkey where the fundamentalist islam has then nonviolent or promoted women or any other things. the newspapers all missed this because they don't have a religious perspective. >> rick: the assassination of our ambassador and two former seals. where was cri, bumps in the road, where was the criticism in that comment? >> i...
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. >> steve murphy worked with dukakis. they will not let you ride in a tank without wearing a helmet. he relented. he should have stuck into his instincts. >> now he wants to be our commander-in-chief. america can't afford that risk. >> do ads like that really work? consultants think they do. >> 3, 34, 5, 6, 7. >> it ran only once but it was talked about so much it changed all campaigns. it was the first negative ad to use fear and raw emotions. >> 10, 9, 8, 7, 6, 5, 4, 3, 2, 1. >> these are the stakes. we must either love each other or we must die. >> vote or die. pretty relevant. >> pretty unfair. >> oh. >> mark mckenna worked on the bush campaign which ran this ad showing the candidates consoling 9-11 victims. >> our president took ashley in his arms and just embraced her. it was at that moment that we saw ashley's eyes fill up with tears. >> come on. this is the presidency. you are playing this music and we are supposed to vote for this guy because she tears up? >> that's exactly what they did. this ad aired in ohio an
. >> steve murphy worked with dukakis. they will not let you ride in a tank without wearing a helmet. he relented. he should have stuck into his instincts. >> now he wants to be our commander-in-chief. america can't afford that risk. >> do ads like that really work? consultants think they do. >> 3, 34, 5, 6, 7. >> it ran only once but it was talked about so much it changed all campaigns. it was the first negative ad to use fear and raw emotions. >> 10, 9, 8,...
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steve schmidt and yours truly. [ thunder crashes ] [ male announcer ] if you think all batteries are the same... consider this: when the unexpected happens, there's one brand of battery more emergency workers trust in their maglites: duracell. one reason: duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. so, whether it's 10 years' of life's sunny days... or... the occasional stormy one... trust goes a long way. duracell with duralock. trusted everywhere. trust goes a long way. and every day since, two years ago, the people of bp made a commitment to the gulf. we've worked hard to keep it. bp has paid over twenty-three billion dollars to help people and businesses who were affected, and to cover cleanup costs. today, the beaches and gulf are open for everyone to enjoy -- and many areas are reporting their best tourism seasons in years. we've shared what we've learned with governments and across the industry so we can all produce energy more safely. i want you to know, there's another commitment bp takes just as seriously: our commitment to america.
steve schmidt and yours truly. [ thunder crashes ] [ male announcer ] if you think all batteries are the same... consider this: when the unexpected happens, there's one brand of battery more emergency workers trust in their maglites: duracell. one reason: duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. so, whether it's 10 years' of life's sunny days... or... the occasional stormy one... trust goes a long way. duracell with duralock. trusted everywhere....
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Oct 1, 2012
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we're getting your fourth quarter play back from pete and steve here with me and stephanie link and steve grasso and i will start with you. given what happened last week in the market, did you guys come in today a little skeptical about this move in the market and then we got the ism report and that changed your way of thinking? >> i think you always come in skeptical because you wonder how much is window dressing and how much is the market itself creating and when you look at it, i think there are great opportunities going toward the fourth quarter. i am looking at certain areas i want to remine offensive and remain opportunistic and i am looking at certain names i know you like as well and i still think apple is under valued and goes higher. that's one of the names i would point out. if our on the defensive side i am looking at the big pharma names where you are looking at the valuation and the yield as well as the big money center banks and i would also stick with something like a kkr, black stone, and a lot of students depending how aggressive or offensive or defensive you want to be.
we're getting your fourth quarter play back from pete and steve here with me and stephanie link and steve grasso and i will start with you. given what happened last week in the market, did you guys come in today a little skeptical about this move in the market and then we got the ism report and that changed your way of thinking? >> i think you always come in skeptical because you wonder how much is window dressing and how much is the market itself creating and when you look at it, i think...
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Oct 4, 2012
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>> i do. >> steve see you back in a bit? >> we'll talk about draghi at 8:30 and jobless claims. >>> right now breaking news, julia boorstin has more on what's happening with facebook. >> that's right, the facebook announcing it has 1 billion monthly active users and 600 million mobile users, mark zuckerberg saying, making this announcement saying "i'm committed to working each day to make facebook better for you and hopefully one day we'll be able to connect the rest of the world." this is a major milestone for the company. facebook hit 500 million active users, doubling its size in two years. mark zuckerberg taped an interview with matt lauer airing exclusively on the "today" show shortly, that sitdown his first since the ipo coming up later this afternoon. >> yesterday afternoon i saw a headline, facebook is going to charge you $7 if you want to send posts, headlines to your friends. sounded crazy. >> facebook is testing all sorts of different ad models and facebook gives you the option of paying to promote your post to yo
>> i do. >> steve see you back in a bit? >> we'll talk about draghi at 8:30 and jobless claims. >>> right now breaking news, julia boorstin has more on what's happening with facebook. >> that's right, the facebook announcing it has 1 billion monthly active users and 600 million mobile users, mark zuckerberg saying, making this announcement saying "i'm committed to working each day to make facebook better for you and hopefully one day we'll be able to...
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. >> consultant steve murphy worked with dukakis. >> the answer came back, we've arranged for you to ride in a tank, they won't let you ride in a tank without a helmet because it's unsafe. he relented. he should have stuck with his instincts. >> that moment turned into this commercial. >> now he wants to be our commander in chief. america can't afford that risk. >> do ads like that really work? the consultants think they do. >> three, four, five -- >> they still rave about this ad. it ran only once, but was talked about so much on tv, they say it changed all campaigns. it was the first negative ad to use fear and raw emotion. >> 10, 9, 8, 7, 6, 5, 4, 3, 2, 1. [explosion] >> these are the stakes. we must either love each other or we must die. >> vote or die. pretty relevant. >> but pretty unfair, a smear on goldwater. >> oh, jeez. >> medicare mckinnon worked on the bush campaign which ran this ad showing the candidates consoling 9/11 victims. >> our president took ashley in his arms and just embraced her, and it was at that moment that we saw ashley's eyes fill up with tears. >> come
. >> consultant steve murphy worked with dukakis. >> the answer came back, we've arranged for you to ride in a tank, they won't let you ride in a tank without a helmet because it's unsafe. he relented. he should have stuck with his instincts. >> that moment turned into this commercial. >> now he wants to be our commander in chief. america can't afford that risk. >> do ads like that really work? the consultants think they do. >> three, four, five -- >>...
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. >>> but first, those fed minutes right now with steve leisman. steve? >> brian, thanks very much. these are the minutes from the monumental meeting where the federal reserve decided on open-ended quantitative easing. the minutes show all members but one, the dissenter jeffrey lacker, agreed on quantitative easing. deciding without additional qe, the labor market would not improve given the underlying economic fundamentals. among the reasons for the decision, they looked at the europe crisis saying it polesed economic downside risk. members were concerned with the upcoming u.s. fiscal cliff and a number of participants highlighted the uncertainty of qe. i talk about members in the first part. those are voters. now participants are the fuller board. as we'll see in a little bit, this fuller board includes hawks but they're not in the voting rotation right now. some of those object as they say qe probably works best under financial market stress, not under the current conditions. it won't help an economy plagued by uncertainty. it could complicate the tightening of policy when it is
. >>> but first, those fed minutes right now with steve leisman. steve? >> brian, thanks very much. these are the minutes from the monumental meeting where the federal reserve decided on open-ended quantitative easing. the minutes show all members but one, the dissenter jeffrey lacker, agreed on quantitative easing. deciding without additional qe, the labor market would not improve given the underlying economic fundamentals. among the reasons for the decision, they looked at the...
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>> steve: over. i was wondering whether they had to change them or put a different color housing. >> brian: i'm going to look into that because that's the only thing i can do at my house is change bulbs. i would have been eligible to help them. i'm a good bulb guy. me and uncle fester. lockheed martin caving to pressure. agreeing to not issue required layoffs. but critics say the obama administration is more concerned with the election than thousands of workers. kelly wright live in washington. make heads or tails of this. >> here is one of the reasons why they're saying it's all dealing with the election. if lockheed martin issued its layoff notices, employees would have received those on november 2, just days before the general election. and in battle ground states like virginia where millions of people are employed who are working for defense contractors, a wave of job cuts there could have actually spelled trouble for president obama's hopes for a second term. lockheed's announcement that it will
>> steve: over. i was wondering whether they had to change them or put a different color housing. >> brian: i'm going to look into that because that's the only thing i can do at my house is change bulbs. i would have been eligible to help them. i'm a good bulb guy. me and uncle fester. lockheed martin caving to pressure. agreeing to not issue required layoffs. but critics say the obama administration is more concerned with the election than thousands of workers. kelly wright live in...
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. >> steve: thank you very much. other big news this morning, even more details emerging on the terrorist attack on our consulate in benghazi, libya. the state department confirming there were over a dozen threats in the months before. katherine hedge live in washington with the details. >> good morning. a letter from the house government oversight committee is asking the state department to provide at least two witnesses for the hearing on security lapses next week, including state department regional security officer eric nordstrom who was stationed in libya from september last year until june 2012. the committee led by republican darrell issa with ranking member cummings was briefed by nordstrom who confirmed 13 threats against the u.s. consulate in the six months before the terrorist attack and that the mission made repeated requests for extra security. this notice will be published by the state department about his internal investigation into the attack known as accountability review board or arb. it reads in pa
. >> steve: thank you very much. other big news this morning, even more details emerging on the terrorist attack on our consulate in benghazi, libya. the state department confirming there were over a dozen threats in the months before. katherine hedge live in washington with the details. >> good morning. a letter from the house government oversight committee is asking the state department to provide at least two witnesses for the hearing on security lapses next week, including state...
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here to explain all of that, our senior economics reporter steve leisman. steve? >> sue, thanks very much. sue, this number is a product of simple math. but whether it's telling us about the real strength of the job market is something investors and the fed are going to have to think long and hard about. take a look at how we got here. first a little bit of the math. the unemployment rate is calculated by essentially taking the number of unemployment and simply dividing it by the labor force. plug in the numbers. 7.8% unemployment rate gives us -- calculates from 12.1 million unemployed divided by the 155.1 million labor force. you can do that at home, if you like. and now here's what happened this month. okay? the number of unemployed dropped by nearly half a million. down by 456,000. the number of employed in this household survey up by 873,000. but wait, because the one thing we're watching here is the number of people who were employed but were part-time but they wanted full time work. we call it for economic reasons. up by 582,000. that's the third september
here to explain all of that, our senior economics reporter steve leisman. steve? >> sue, thanks very much. sue, this number is a product of simple math. but whether it's telling us about the real strength of the job market is something investors and the fed are going to have to think long and hard about. take a look at how we got here. first a little bit of the math. the unemployment rate is calculated by essentially taking the number of unemployment and simply dividing it by the labor...
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steve, good to see you, thanks for being here. >> good to be here, david. david: the republican message, what's he got to make clear about the limit of the role of the government in our lives? >> well, i think if you talk to most business people, they say there's three legitimate roles for government in business. the first is regulation. from a regulatory stand point, the role of the government is to level the playing field, establish the boundaries, make sure that consumers are not getting hurt, but then get out of the way and let businesses compete, not continue to change the rules of the game once you're into the game, not continue to issue regulation after regulation. that is the regulation. second is taxation. america's taxed as the highest rate in the world. there's loopholes, and peek talk about it. the extraordinary rates drive investments overseas and diminish job creation here in the u.s.. we have over $2 trillion in cash sitting on balance sheets of u.s. corporations. taxation is an important area the government needs to lower and level the playi
steve, good to see you, thanks for being here. >> good to be here, david. david: the republican message, what's he got to make clear about the limit of the role of the government in our lives? >> well, i think if you talk to most business people, they say there's three legitimate roles for government in business. the first is regulation. from a regulatory stand point, the role of the government is to level the playing field, establish the boundaries, make sure that consumers are not...
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let me get your take, steve. on the jobs report on friday, what should we expect? >> i think it's going to come in lighter than the adp. the adp has been a poor indicator of the jobs number. i think there's a reason the fed gave us qe-3, because they saw the softness in the labor market. i think it could come in a little on the weak side. more importantly, the official jobs number is the revisions backwards. they've been going back through previous months and knocking down those numbers. i think i wouldn't be surprised if it came in a little soft. >> kate, do you agree with that? if so, is this priced into the market? >> yes, absolutely priced in, maria. great question. what they're going to expect is for it to be terrible. if it isn't terrible, we'll see a rally. what matters most to this market is earnings. we're in pre-earnings disappointment season where we're going to float a little bit until earnings come out. we've seen a friend where earnings have beat expectations. we've gone down to earnings, earnings beat expectations, then we've had a good rally. i thin
let me get your take, steve. on the jobs report on friday, what should we expect? >> i think it's going to come in lighter than the adp. the adp has been a poor indicator of the jobs number. i think there's a reason the fed gave us qe-3, because they saw the softness in the labor market. i think it could come in a little on the weak side. more importantly, the official jobs number is the revisions backwards. they've been going back through previous months and knocking down those numbers....
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today, she is steve liesman's special guest. steve? >> tyler, thanks very much. she has been called america's top financial diplomat and is a special guest at a fortune magazine most powerful women conference in california. lael brainard joins us now. welcome to "power lunch," lael. >> it's a pleasure to be here. >> let's talk what tyler was talking about, this issue of spain and the question of whether or not it's going to ask for aid and trigger that ecb program. is it your opinion, the opinion of the u.s., that the europeans are following through on their latest set of commitments when it comes to solving their financial crisis? >> well, you're right, they've made a series of very important commitments over the course of the summer and into the fall. they are much better prepared. they have a set of tools that can help governments like spain continue to access the markets at affordable rates while they continue making these very challenging reforms. we have seen a number of developments in spain in recent days. we have seen a budget come out that continues to
today, she is steve liesman's special guest. steve? >> tyler, thanks very much. she has been called america's top financial diplomat and is a special guest at a fortune magazine most powerful women conference in california. lael brainard joins us now. welcome to "power lunch," lael. >> it's a pleasure to be here. >> let's talk what tyler was talking about, this issue of spain and the question of whether or not it's going to ask for aid and trigger that ecb program....
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to steve's point i would address this. i drove a cadillac -- when i brought my fwal to the prom as not in a pinto it was an el dorado. this 114,000 job number has to stick out to you. we're looking for 140 to 150,000. 114 is not a great number. >> most guys think that number will be revised. i'm not concerned about the 114, but i'm also not buying the 7.8. that's telling me we're making jobs at 200, 250. i have no problem believing the average in the past six weeks, 145 is where we are right now. >> guys? >> let's say 8%. call it 8% the rate. to pete's point the market wants to continue to go higher. obviously it sold off a little bit in the looft few minutes. understood. i still adhere to my comments the market doesn't give me this the long sell the highs which do i believe we have to push towards 1500, 1525 in the s&p and names we've hammered home. home depot at 12 1/2 year high. there are secular stories that continue to work and i believe they will continue network. >> what are you doing with this? >> well, listen, you
to steve's point i would address this. i drove a cadillac -- when i brought my fwal to the prom as not in a pinto it was an el dorado. this 114,000 job number has to stick out to you. we're looking for 140 to 150,000. 114 is not a great number. >> most guys think that number will be revised. i'm not concerned about the 114, but i'm also not buying the 7.8. that's telling me we're making jobs at 200, 250. i have no problem believing the average in the past six weeks, 145 is where we are...
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and steve centanni, what's the latest in washington. >> the fbi has yet to enter benghazi because of the dangerous security climate there. senator corker who sits on the foreign relations committee wants to know why, and he fired off a letter to intel chief james clapper, calling the situation bizarre and demanding answers and says in part, 18 days ago, the administration judged it was appropriate for our consulate to be lightly guarded. and what has changed in libya in such a short time. is that even fbi agents and our personnel entered the city. and the u.n. ambassador susan rice who has said a few days after the attack, that it appeared to be a spontaneous uprising and the long video. >> and we have reports now that intelligence people knew within 24 hours that this was a terrorist attack and yet, they sent her out, to say things that were absolutely false and continued to do so. and then, as mccain says the violence in lib rah clicks, with the story and al-qaeda diminished. >> for its part. the administration claims the situation in benghazi was so complex, they didn't know for s
and steve centanni, what's the latest in washington. >> the fbi has yet to enter benghazi because of the dangerous security climate there. senator corker who sits on the foreign relations committee wants to know why, and he fired off a letter to intel chief james clapper, calling the situation bizarre and demanding answers and says in part, 18 days ago, the administration judged it was appropriate for our consulate to be lightly guarded. and what has changed in libya in such a short time....